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. >> the president responds to john boehner, but democratic leader nancy pelosi has a plan to get around the speaker. tonight, leader pelosi joins me for an exclusive interview. >>> senator john kerry like you have never seen him before. the statesman from massachusetts scolds the radical right after senate republicans block a u.n. treaty on rights for the disabled because they are concerned about home schooling. you don't want to miss this tape. >>> plus my interview with ohio senator sherrod brown on what looks like a massive win for progressives and elizabeth warren. >>> then senator debbi stabenow of michigan on the latest in the fight to end republican obstruction. and the people creating petitions on the white house website are getting more and more creative. we'll tell you what the new petition to build a death star. >>> good to have you with us. thanks for watching. democrats are determined to extend the middle class tax cuts before the end of the year. that's the bottom line. party leaders and members are all on the same page. president obama rejected the latest proposal from john boehner.
this to the floor? >> an urgent message from nancy pelosi. but it's casual friday for speaker boehner. >> this isn't a progress report bauds there's no progress to report. >> today's news, speaker boehner and president obama will be the only two at the table to make a deal. i'll ask emanuel cleaver if boehner can get it done. >>> 33 months of private sector job growth. now is the time to start spending on jobs. david cay johnston is here. >>> the filibuster is more than an embarrassing blunder. bernie sanders explains why. >>> the right to work in michigan has ignited a fire storm with workers. we'll have the latest on rick snider's race to the bottom. >>> and breaking news from the supreme court. there will be a decision on the constitutionality of same-sex marriage. law professor jonathan terly has all the details. >> thanks for watching. john boehner isn't having a lot of fun this holiday season. president obama continues his pressure campaign to pass the tax cuts. the president is also taking time to be fesive. john boehner doesn't sound so merry. >> no progress report because there's no progr
report coming up ne next. tracy: nancy pelosi said that republicans are fiddling while the republic burns, is she starting the fires, and a day after stunning defeat in michigan, big labor said it is not over, welcome to the willis report. tracy: i'm tracy byrnes in for gerri willis, less than 3 weeks before u.s. falls off the fiscal cliff, speaker john bain ser slamming the brakes on any hopes a deal is coming soon, making it clear both sides have differences. second in command, eric cantor warning members not to make any plan for holidays, and kevin brady of texas, vice chairman of joint economic committee, thank you, are we still that far apart? >> you know we are. i started optimistic to get this done before the holidays, but, i don't feel that way, it seems to me the decision has been made, perhaps by white house to take us off this fiscal cliff. i think this is irresponsible to do it we're ready to work out a reasonable sound solution but i do not see that coming from the other side right now. tracy: is it because there is so much going on behind scenes. they think there is a lot of
from democrats shortly. minority leader nancy pelosi is holding a news conference. we'll have that for you during our next update. reporting live from washington, d.c. alison burns ktvu channel 2 news. >>> a los angeles area fire house is under fire for letting an exdeny letting an exercise company shoot a racy video inside its station. the video by hoopnautic.com shows a scantily dressed woman dancing around. the station was also in trouble last year for allowing some fire trucks to be used in a porn movie. >> san francisco police are using a new tool to help solve crime. the public can help use it to send in tips. coming up what police plan to do each week to close some unsolved cases. >>> 6:17. we have wet roads this morning. tara you are watching everything incolluding 101 in san francisco. >> we do have a lot to talk about at hospital curve. it's just kind of hard to see and a lot of lane changes. if we take a look at our maps we can show you some of thics accidents here. first one is on 280 northbound. and then we do have some flooding here 101 northbound. this is the in
to growth in the country. >> it seemed like nancy pelosi was in favor of some two-part solution. let me play what she said last night. >> we've talked about a two-step, a downpayment on cuts, on investments and on revenue this year and then in the next year take the time to go over what we would do with real revenue reform. you can't do it in a matter of weeks right now. >> i mean you hear a lot of that, there's only so much you can do. chris, you don't want to rush into making complicated decisions that should take more time, isn't that what americans are frustrated with congress they always seem to punt. >> what nancy pelosi was talking about wasn't exactly the tax cuts now, fiscal cliff later. both sides have said this has to be a two-step process, there has to be some kind of commitment in downpayment on taxes and entitlement cuts and sets up a framework for broader and comprehensive tax and entitlement reform next year because it is such a big, huge change to how we tax and how we would provide medicare and medicaid and social security, you can't do it all in four books. this new idea t
caucus, both sides are not close on a deal to avoid the cliff, minority leader nancy pelosi ripping republican leadership from house floor in what can be described as a bizarre rant that ended with a compliment of the speaker. >> it really getting boring. it is smacks a little bit of nero, figure it out, we did. figure it out. then, go forward and continue to debate the issue. i believe he is a important of good intention, maybe that gets me into trouble my saying that. lou: to surprise of many in washington boehner appears to have support of more voters than anyone thought previously, a new fox poll shows 3 a 3 to 1 margin, voters believe by enacting mostly spending cuts is the best way to deal with the problem. president obama continue its push his ultimatum on higher taxes for wealthy, and republican leaders responding by warning their members to be prepared for christmas in washington because of the stalemate. and joining us now, congressman devon nunez, a member of house aways and means committee. speaker saying they are separated by serious gaps here, what are your thoughts? >
to talk about. we don't know if nancy pelosi will be speaking later on today at noon. we know president obama will be speaking. does this misstep that we were just talking about, does it hurt? is this just mcconnell really just trying to get his say into this process? >> you know, richard, i don't think so. i actually think senator mcconnell's proposal was a pretty good one regardless of who is president. president obama or then governor romney. the notion that this country every 12, 14 month is going to have this hostage taking by congress over a debt ceiling is not a way to run, you know, the largest enterprise in the world, the united states government. there's nothing in the constitution that talks about a debt ceiling. this has become kind of in the past a pro forma process that has now turned into a financial armageddon each time it comes about and i do think granting the president these additional rights and then allowing congress with a two-thirds vote to say, hold on here, that might be a more appropriate way regardless of who is the president is. but i don't think yesterday's
's, it will guaranteed, it will lose him the speakership of the house in two years. >> nancy pelosi. >> republicans lost the house majority in 2006 when they promised to cut spending and then increase it. bret bozell of for america inc. says the republicans face the same fate if after promising all year to hold the line or cut taxes they raise more. >> it's not a threat. it's a reality. if you bucked -- the republicans lost the house when they walked away from fiscal responsibility. they regained it when they recommitted themselves to the fiscal responsibility. if they abandon it yet again, it's a guarantee that the conservatives aren't going along with this. >> g.o.p. leaders reacted it will to the backlash. boehner raised $100 million for the house republican candidates this year. his proposal to increase tax revenues on the four rebel conservatives is backed by the house majority leader eric cantor with kevin mccarthy and budget committee chairman paul ryan. now they're under fire, too. >> in a perverse way, the purging was good. because it provided clairryty with what we thought was true that the le
and a broad horizon. >> thank you very much. >> next, speaker john boehner and nancy pelosi on the fiscal cliff negotiations. and live as 7:00 a.m., your calls and comments on "washington journal." >> i think reuters institute is something that is important within the culture. we are a culture of words, voices. words are key to our imagination, our capacity to envision things. we are not completely tied to print on the page in the sense of writing. i think there is no other art forms so readily accessible, other than perhaps film, which we work with, too. it is something -- there is something in literature that catches the human spirit. >> joined book tv, american history tv, and c-span's local content vehicle as we look at the literary life of new york's capital city, albany. sunday at 5:00 p.m. on american history tv on c-span 3. >> house speaker john boehner told reporters the white house has wasted another week in negotiations of the fiscal cliff. this is about five minutes. >> good morning. this is not a progress report. there is no progress to report. when it comes to the fiscal cli
? the high wage earners? does he have those votes that he can put together with whatever nancy pelosi can stir up and pass it? >> i'm not sure there is support for the rate hikes. there is support for revenue, by cleaning up the code. >> can you tell me what the difference is? isn't $800 billion in collected revenue still a tax hike? >> there are so many things, and this has been part of the debate for years. looking at cleaning up the code. and candy, getting in there, and there are so many ways you can do it. maybe you want to cap total deductions, maybe you want to look at some of these tax credits and clean this code up. dave camp put an incredibility amount of time into this. he and kevin brady have worked on this. it is the time -- this is the opportunity to clean that code up. >> if we don't act before the end of the year, taxes go up for everybody, not for 2%, and it's a lot more than $800 billion. and in this case -- >> on the wealthy, they would run out. >> yes, some people think if we dig in and hold strong we can stop it, that's not the case. you have to do something, and doin
of beneficiaries, our leader nancy pelosi was very clear. it's a question of math. you simply don't get the revenue or kind of savings. logically, i think what americans think about this, who is at fault for the rise? is it the beneficiary? going after the person receives the benefits, and that's the way to balance the budget? if we are at 17% of gross domestic product for health care and our closest competitor is at 10% and as universal health care, if you think we have full room to drop the costs? you think there are a lot of inefficiencies in the system? when you look at medical devices and pharma and doctors and insurance, yes, there's room. as we lead up to the exchange that will be put in place in 2014, that's where we should be working. here's the compromise. the exchange opens in 2014. this is a republican designed concept where you allow the free market and competition to take place. and a lot of good benefits, many of which are in effect already, including dealing with pre- existing conditions, capping costs so no one has to lose their house over health care, providing for screening and p
. but you've said you wouldn't support the petition by nancy pelosi. >> well, i'd like to ask leader pelosi how many discharged petitions she supported when she was speaker. i mean, the reality -- that's a little game. it's not going to be helpful. it's not going to get anything done. and no, i would never sign a discharge petition against my own speaker or my own conference. the way you do things is to negotiate. and frankly, the negotiation is going to largely involve the president of the united states and the speaker of the house of representatives. with all due respect to the other players, they're honestly less central to this. and if they can come to a deal, then i think we can avoid the fiscal cliff. >> and do you think that -- somebody put this idea out here. and this idea is really vile. i'll use the right word. i think you'll agree. here's the idea. let's go off the cliff, just for purely political reasons, nothing happens immediately, and then, you know, you all come back in session in early january, and you give the middle class a tax cut, and you give the wealthy a tax cut, the
the public has spoken and the public has been very clear on that. >> and today former speaker nancy pelosi schooled speaker boehner on what it means to make difficult decisions as a leader. take a listen to this. >> i had to do it as speaker. do you know what it was like for me to bring a bill to floor to fund the war in iraq? so it's tough. but you have to do it. so is the point that you don't want to put your members on the spot, figure it out. we did. figure it out. >> there's nancy pelosi appealing to boehner figure it out twice. how high is the level towards the speaker? >> it's very high. i think leader pelosi is absolutely right. at some point the leader is placed in that position to bring members together to do the right thing. leader pelosi when she was speaker she did an excellent job of it to bring us together to make those right decisions. and some of those decisions are hard. your entire caucus is not going to agree with you all the time, but that's the role of a leader, martin. that's what leaders do. that's why they're selected to do what they do. and so i'm hoping that he w
and nancy pelosi held duelling news conferences slamming the other side for not taking the looming crisis seriously. >> this isn't a progress report, because there's no progress to report. when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> we've had time. the president has given the republicans flexibility to come up with a credible, specific plan. what they offered in return was an empty letter lacking in specifics. >> meanwhile, vice president biden is having lunch with several middle class americans who would see their income taxes go up if the tax cuts are not extended. all of this comes as the first jobs report since the election exceeded expectations. the u.s. economy added some 146,000 jobs last month. that was enough it to drive the unemployment rate down to 7.7%. joining me to talk about all of it, florida congresswoman debbie wasserman schultz and she chairs the democratic national committee. good friday afternoon to you. >> thank you. >> john boehner said today that democrats' plan is to, quote, slo
we know is the democratic house leader nancy pelosi went down to the white house today for a one-on-one meeting with president barack obama. we don't know what they said, and we're in the era now of parsing every single word they do say publicly. nancy pelosi was out before cameras, although it's hard to get a lot of indication of what's going on with had statement. take a listen. >> the only obstacle standing in the way of middle income tax relief are the republicans unwillingness to ask the top 2% to pay their fair share. >> and if you listened carefully to speaker john boehner, he did say that there was no progress to report, but he may have been hinting a little bit of where there's some room for a deal here if the president will just meet him maybe not even halfway. listen to the speaker. >> there are a lot of things that are possible to put the revenue the president seeks on the table, but none of it's going to be possible. the president insists on his position, insists on my way or the highway. that's not the way to get to an agreement. >> so where are we now? i think we'r
to put on a holiday tie to take up the case of mr. scrooge and the top 2%. as nancy pelosi asked, why, oh, why is congress on another recess when they could be extending tax breaks for the middle class just in time for christmas? >> this is a moment of truth, the clock is ticking, christmas is coming, the goose is getting fat, why are you not bringing this to the floor? is this a forever, forever protection of the wealthiest people in our country at the expense of the middle class? >> yes, that just about sums it all up. did we mention bain's congress has been in session all of one day this week, back on tuesday. six-day weekend. nice work if you can get it. if you listen closely to boehner and pelosi, you can perhaps hear the beginning notes of a harmonious christmas carol starting to take shape. >> it's not about the rate. it's about the money. >> there are a lot of things that are possible to put the revenue that the president seeks on the table. >> i know. it doesn't sound like much, but, remember, this is congress. and listen to the president as he lit the national christmas tree las
65 to 67. medicare eligibility age rises. democrats do not like that idea as nancy pelosi explained yesterday. >> first of all, show me the money. i don't even know why that is something that people think is going to produce money. what are we going to do with people between 65 and 67? show me the money there. but it's not even the right thing to do, first and foremost. but is it a trophy that the republicans want? is that the trophy they want in order to do what is right to raise the rates for the wealthiest people in our country? >> let me say for the record i think pelosi is right. i don't think raising the age is the right idea. i'm going to show you the money later on. but what she did not do is not rule it out. if republicans end up getting it, it's something the obama administration told john boehner they were willing to trade away if republicans end up getting it, that will feel like a big win for them. enough to unlock the tax deal. i'm not saying the final negotiation here will be easy. one thing that's a tough sticking point in negotiations. we began tonight which the whi
of punch. that's what nancy pelosi meant when she called it a trophy. republicans see this as a big win for them. big. and that's kind of the white house's quiet argument. it's a terrible policy, but because obama care and employers and others are there to catch a lot of these people, it might get more republican votes while doing less harm to seniors than the alternatives. with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? [ nyquil bottle ] just reading your label. wait...you relieve nasal congestion? sure don't you? [ nyquil bottle ] dude! [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. >>>
the wealthy. nancy pelosi was here last night talking to the president, i'm told. we are working this issue very hard, alex, as you're probably aware, trying to figure out the state of play here. there isn't much movement here. there wasn't a lot of information to share. everyone in washington that's close to this es being very cagey. the president is actually out golfing right now. i'm told john boehner the speaker has stayed in town this weekend, somewhat unusual for him. but as far as we can see, no movement, alex. >> okay. mike, now don't go too far. you're coming back as one of our esteemed guests in today's big panel. about 1:45. you're going to get all the hard questions. it's all coming your way. we'll see you in a bit. thank you. >>> the fiscal cliff is not just a concern for americans as my next guest learned on a recent trade mission to china where he was pat of a conference organized by former u.s. treasury secretary hank paulsen. joining me now, philadelphia mayor michael nutter here in studio. good day to you. >> good seeing you, alex. >> tell me first of all what was the miss
thank you. nancy pelosi leads the democratseads in the house of representatives. we're pleased to have her with this m us.good good morning. >> good morning. >> where are these negotiations? when they were bargaining over the grand bargain you gave the the president and your caucus did cus d room to go in there and negotiate. he has that i assume, again, sosume he can put spending cuts and cuts and entitlement cuts on the table.he presi >> the president knows our views, sha views, shares our values. we respect his leadership and there's a recognition that he he may need our votes.e's n >> but there's no red line for you and the democrats in the use. house. you want the president to make a deal and deal and lay out what he can do.do. >> that is true. t however, we want what happens toe of the be fair and to work.e and one of the things we object to is raising the medicare age. red >> it's not a red line for you?g that >> it's something that says don't go there because it doesn't produce money. what others, what do we need?here? reneed resources, we need cuts and we need grow
're expecting a news conference any minute now on that meeting. we'll bring it to you live. nancy pelosi spoke about it a few hours ago. here's what she had to say. >> i would hope that that would break the fall on the cliff, which is becoming more of a soil if they do that but really, we do need to put a down payment, not just in revenues which passing middle income tax cut means the end of holding them hostage. >> senior congressional correspondent dana bash is on capitol hill. so what's happening now? >> reporter: well, we have been talking to republican lawmakers as they have been coming out of this meeting that the house republican conference had this morning and i should tell you any moment we're going to see the speaker and the other members of the leadership. i'll sit down when that happens. but what we've actually heard is what went on behind closed doors is not the backlash from conservatives outside the congress but certainly groups that are very, very upset that the house republican leadership sent a counteroffer to the president that includes $800 billion in new revenue. that's no
thing and that is just crossing from nancy pelosi who says that she does not think that the debt ceiling issue is part of this fiscal cliff discussion, which is interesting, because that is different than the plan that timothy geithner brought forth. in his plan they were going to try to raise the debt ceiling indefinitely. he said it would be terrible for them to have to go back and ask permission to continue the raise the debt ceiling because owe thinks it makes the creditworthiness of the united states in play and jeopardy. an interesting development from nancy pelosi. who knows whether or not she is central to the debate going on right now. bill: there will be another briefing on benghazi. the families of the four americans killed in that attack almost three months ago say they are still in the dark about what happened to their loved ones. the father of tyrone woods one of the former navy seals saying he learned more from witness accounts about how his son died than he did from the white house. new hampshire senator kelly ayotte member of the house services committee and the budget c
and house minority leader nancy pelosi be excluded from future talks. >>> well, the closely-watched monthly unemployment report released this morning was better than expected. the economy added 146,000 jobs in november and the unemployment rate fell to a four-year low of 7.7%. coming up at 7:15, how this morning's job report impacts thefully negotiation -- impacts the fiscal cliff negotiation. >>> a youth group visiting florida got robbed. the group made of you of 24 teenagers and said they were eating in a restaurant in fort lauderdale, florida about an hour after they arrived for a weekend youth conference. they say thieves stole $12,000 cash. one member of the group was able to have money wired to them. so they were able to spend last night in a hotel. we have no word yet if that group will return to oakland today. >>> funeral services will be held this weekend for two teenaged girs shot to death in oakland last month. funeral services will be held for ra chef at cooper's -- raquel at cooper's and the girls were found last month near brookdale park. they had been shot as many as 36 times
sides. on the president's side, he's got the left. he's got nancy pelosi and several other, you know, prominent democrats pushing him from the left. boehner has a more difficult path to negotiate. he's got jim demint in the senate hollering each and every day. he's got his own problems in the house, as we've just spoken to. within the context of this, jack lew, chief of staff, along with treasury geithner, is sitting there every day trying to put something together. jack lew 30 years ago was working for tip o'neill. he knows the rough architecture of a road map towards a deal. one of the keys, especially with regard to speaker boehner is, you cannot leave your opponent, speaker boehner, hanging out there to dry, getting pummeled by his own side. you've got to come to him a little. but i agree with steve rattner, the president is not going to yield on tax rates for the wealthy. he's not going to yield on that. >> he's going to have to yield in some way. i mean, maybe it's 37% that's the top tax rate. >> yeah. >> maybe you go from $250,000 to $400,000 or $250,000 to $500,000. he's goin
forward and challenged the president's plan. democratic leader nancy pelosi told me last night, ceos have been very understanding of the plan set forth by the white house. the business community is willing to accept rate increases. they are really making more concession than john boehner. eric cantor says republicans are not going to adjourn this year until a deal is reached. is that a sign of early capitulation? he knows republicans can't go home to their districts with absolutely nothing to show for it. that's not what the american people voted for. john boehner says he's willing to stick around town to get a deal done? >> i'll be here and i'll be available at any moment to sit down with the president, to get serious about solving this problem. >> but president obama says john boehner's presence is not the solution, it's the problem. >> the holdup right now is that speaker boehner took a position, you think the day after the campaign, that said, we're willing to bring in revenue, but we're not willing to increase rates. and i've just explained to you why we don't think that works. >> se
nancy pelosi was asked what it meant to her. the congressman reflected on his role. >> that was one of the saddest days so anyone who was a party to that, well, i wish them well wherever they are going. >> while we always wanted to wish someone well while they go on, i will not miss his often bizarre views or tea party rhetoric that defined his view on every issue he took. i'm delayed to be joint any congressman debby wasserman-schultz. she has just been nominated by president obama to serve as chair woman of the democratic national committee following her speck tack her performance in this election just past. we're thrilled to have you with us. >> thank you great to be with you, eliot my pleasure. >> how do you want jim deminute's departure from the senate? is this reflective of the tea party on the run chasing money does he believe he can leverage this position into greater power? >> i think senator demint clearly sees that the tea party is not a growth industry. i mean, he had an election that just passed that did not see the ranks of tea party members expand the senate candidate
for we're making progress. more evidence boehner's democratic counterpart house minority leader nancy pelosi also seems to be softening her language as we head into the weekend. listen. >> what we want to do is protect the middle class. so it's not about the rate. it's about the money. >> so is 37 the magic number in this fiscal cliff debate? "outfront," two men who know taxes very well. douglas holtz-ekin, president of the american action forum and robert reich from the university of california and berkeley and former secretary under bill clinton. douglas, does this sound like code for a deal in the works? >> it certainly is good news that they aren't taking things off the table. i would be premature if i was celebrating a deal. there's a long way to go. it's important that they reach an agreement. the fiscal cliff is a very real danger to the united states economy. it's a recipe for a recession. and i certainly would not like to see the rhetoric that we saw from the treasury secretary tim geithner who said he's prepared to go over the fiscal cliff. that is not a good way to talk abo
in the upper echelons of society, does he have enough votes that he can put together with whatever nancy pelosi can stir up and pass it? >> i'm not sure there's support for rate hike, there is support for the revenue by cleaning up the tax code. >> isn't there $800 billion of collected revenue still a tax hike? >> this has been part of the debate for years. looking at cleaning up the code. and candy, getting in there and -- there are so many ways you can do it. maybe you want to cap total deductions, maybe you want to look at some of these tax credits and clean this code up. dave campus p dave's camp has put an incredible amount of time on this. it is the time, this is the opportunity to clean that code up. >> if we don't act before the end of the year, taxes go up for everybody, not for 2%, and it's a lot more than $800 billion. there's a big difference between a temporary tax cut that goes out than's proactively raising taxes. it happens automatically. we have to do something and doing something requires the cooperation of the senate, which the democrats run, and the signature of the presiden
worship, and nancy pelosi's membership, they can put together a coalition that can pass this thing in the senate which is pretty dominated by democrats. more of a foregoing conclusion. >> and who is coming up on your show to talk about the fiscal cliff today? >> we doctor v two remembers, marsha blackburn, they both have very different views, suppose the speaker gets a deal, and he can't get his folks to sign on. it has happened before as we know. it happened in the grand deal that he and president obama were putting together together before, so how far can the speaker go, before they start to lose too many people. so we'll have them talk about how short or long of a leash the speaker has. >> and i understand you have kristine laguard on? >> yes, she is head of the i.m.f., and in this global economy, nobody is in their economy alone. the world is also watching these negotiations and the lack of a deal, certainly, could shake the markets, and shake confidence across the globe. this is a global village watching the fiscal cliff. >> thanks, looking forward to that. looking forward to
of disappointments, you get that downtick. learn from nancy pelosi. the richest person in congress. doesn't speak during market hours. >> thank you very much. >>> going to the close of a gain of 80 points and our old friend from "power lunch" days, chuck lovelle ringing the closing pebble and much more now from washington with maria bartiromo on the "closing bell." >> it's 4:00 on wall street. do you know where your money is? hi, everybody. welcome back to "closing bell." i'm maria bartiromo coming to you live from the white house. stocks rallying and closing off the best levels of the session after senate majority leader harry reid warned it will be tough to reach a deal to avoid the fiscal cliff before christmas. we all note deadline, december 31. take a look at how we're finishing the day. the dow jones industrial average up about 80 points today. it was higher, much higher than 100 points earlier today, up two-thirds of 1%. volume on the light side this afternoon. nasdaq composite picked it up. technology up better than 1%. s&p 500 also on the upswing. markets maintaining steady gains all day
unacceptable, but president obama has put a lot on the table. nancy pelosi hit back at boehner's rhetoric today. >> the fact is, the president has and democrats agree, to $1.6 trillion cuts. where are the cuts? in bills that you, mr. speaker, have voted for. >> pelosi is lobbying for house republicans to hold a vote on letting tax cuts expire for the wealthiest americans. with house majority leader eric cantor and congressman paul ryan tasked with pushing boehner's plan on the tea party, it's going to be a tough sell. they are part of boehner's strategy team? in the meantime, the white house is hitting back at boehner and the gop tactics. >> a question of whether or not we have specific spending cuts, the answer is we have. i understand they may not agree with all of it. but it exists. >> i'm joined by illinois congresswoman january schakowsky joining us tonight. congresswoman, good to have you with us. >> thanks, ed. >> harry reid now says it's going to be awful hard to reach a deal by christmas. where is this all heading, in your opinion? >> the republicans are in total disarray. i think john
none other than majority leader nancy pelosi. listen to her advice to mr. boehner. >> do you know what it was like for me to bring a bill to florida to fund the war in iraq? it's tough. but you have to do it. so is the point that you don't want to put your members on the spot? figure it out. we did. figure it out. >> figure it out. sound advice. >> we did. [ laughter ] >> it's true, i think that pelosi, that example, is a really vivid one, if nothing else. considering the opposition that the democrats had. the compromise that she had to make. and, as i said, there are compromising going on that we don't know about. a lot of what boehner is doing is posturing in order to appeal to people on the base and to donors. he needs to look like he fought the good fiegts. in public, it needs to look like he's really standing up for conservative principles, however confused those may be. and, in private, he may be making deals. he's known to be a man who is good at that kind of politics. this is sort of the thing where it is interesting to see that the republicans are making a bet that this postur
and nancy pelosi has said the same thing. and why i wonder -- why is this on the table? this is paul ryan's idea. >> yeah two parts to this. the first part during the election we talked about the $760 billion worth of savings that we had from medicare and the republicans railed against them as cuts and now they are asking to cut medicare. they want to protect your medicare and try to take money out of it at the same time. the second part -- >> stephanie: go ahead. >> oh sorry. >> stephanie: please phlegmy mcphlegmyson go ahead. >> you push people out in to the private insurance market and their premiums are going to be high, and it will raise generally for everybody. so not will it cost shift on to seniors who may forgo medicare because they can't afford it but it ends up raising the price of the insurance market overall. >> stephanie: and it is one of those things politically that oh that seems reasonable, and a concession we could make. but once again, they lost. a leading medicare expert says this has surpricing ripple effects. and the justification is people are l
and that's part of how we should go forward. jenna: that was house minority leader nancy pelosi late last month,g democrats in congress support ad trillion dollars in federal spending cuts. with so much of the fight over that looming fiscal cliff focusing on tax rates we want to look at that claim, that claim specific to spending to see how it stands up with the facts. doug mckelway is live in washington with more on this story. >> reporter: good morning, jenna. the republicans claim democrats are solely focused on raising tax rates not spending cuts. democrats counter what we heard from nancy pelosi. democrats agreed to over a trillion dollars in cuts as part of the budget control act in 2011. indeed hear is the document. letter from cbo to spiker boehner laying out $915 billion in cuts between 2012 and to 21. the brookings institution it is a fact, she says pelosi was right. listen up. >> there are two different conversation going on about these numbers. one is about the cuts that are already embedded in law which is evidently what nancy pelosi was talking about and they are absolutely
is the old phrase. >> that's true. >> this morning minority leader nancy pelosi highlighted the diversity of the committee chairs on the democratic side of the house, women and minorities well represented there. last week republicans were lambasted for appointing all white nearly all male committee chairs. has the republican party learned the lessons from the election or do they risk paying the price in the next one? >> well, thomas, forget about the committee chairs. i think the diversity and inclusion and outreach, i think it begins at the grassroots level and i've been pretty critical and vocal over the last two or three weeks and i think that every single republican in this country ought to be concerned about what's happened to us in the last two election cycles in the presidential race, and we lost with every -- we have lost with every demographic out there except for white men and i've been saying for 20 years that we've got to do a better job with nontraditional constituencies and we can't expect to have diversity in our committee chairs when we've got our republican party chairman
. he has to deal with nancy pelosi one way or another. >> howard dean and krystal ball, thank you both for joining me tonight. >> thanks. >> coming up, there is a sleeping giant in the tax policy issues facing the president and congress, and no one is talking about it yet. another republican is takingç shots at mitt romney, and this time of all people it's paul ryan. and also coming up, marijuana, marriage, hillary clinton, seceding from the union and gangham style are all in the rewrite. ♪ well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues she's not happy about. so i introduced jill to crest pro-health for life. selected for people over 50. pro-health for life is a toothpaste that defends against tender, inflamed gums, sensitivity and weak enamel. conditions people over 50 experience. crest pro-health for life. so jill can keep livin
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